BETA

BOOKER T WASHINGTON ACADEMY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BOOKER T WASHINGTON ACADEMY (EIN 27-2924625)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-12
IRS object ID
202540719349300549
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-12T13:03:00-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN522383663PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HRT Advisors LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11340 Sullivan AvenueAddressLine1Txt
CitySouth WindsorCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06074ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272924625EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Booker T Washington Academy IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOOKBusinessNameControlTxt
Phone2039017149PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1804 State StreetAddressLine1Txt
CityNew HavenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKate KellyPersonNm
Person TitleTreasurerPersonTitleTxt
Phone2036916535PhoneNum
Signature2025-03-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonG Martin Henry Jr CPAPreparerPersonNm
PTINP00311670PTIN
Phone8606445825PhoneNum
Preparation2025-02-26PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKate KellyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1804 State StreetAddressLine1Txt
CityNew HavenCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06511ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,065,713GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttps://www.btwanewhaven.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionBooker T. Washington Academy, Inc. (The "Academy") educates its scholars for leadership and responsible citizenship in society by developing the cognitive, moral, and social skills of children so they can compete academically and thrive in a diverse global community.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee122TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,353,354PYContributionsGrantsAmt
CY Contributions Grants$6,923,996CYContributionsGrantsAmt
PY Program Service Revenue$6,963PYProgramServiceRevenueAmt
CY Program Service Revenue$115,316CYProgramServiceRevenueAmt
PY Investment Income$8,252PYInvestmentIncomeAmt
CY Investment Income$26,401CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$7,368,569PYTotalRevenueAmt
CY Total Revenue$7,065,713CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,907,557PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,155,006CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$72,166CYTotalFundraisingExpenseAmt
PY Other Expenses$2,281,902PYOtherExpensesAmt
CY Other Expenses$2,411,227CYOtherExpensesAmt
PY Total Expenses$7,189,459PYTotalExpensesAmt
CY Total Expenses$7,566,233CYTotalExpensesAmt
PY Revenues Less Expenses$179,110PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$500,520CYRevenuesLessExpensesAmt
Total Assets BOY$3,619,478TotalAssetsBOYAmt
Total Assets EOY$2,833,180TotalAssetsEOYAmt
Total Liabilities BOY$1,231,771TotalLiabilitiesBOYAmt
Total Liabilities EOY$945,993TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,387,707NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,887,187NetAssetsOrFundBalancesEOYAmt
MissionBooker T. Washington Academy, Inc. (The "Academy") educates its scholars for leadership and responsible citizenship in society by developing the cognitive, moral, and social skills of children so they can compete academically and thrive in a diverse global community.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,297,744ExpenseAmt
Revenue$115,316RevenueAmt
DescEngaging into closing the academic achievement gap between home and school. Facilitate the positive transition of enrolled students to high school, college and beyond.Desc
Total Program Service Expenses$6,297,744TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document26IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee122EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Charter School Business Management IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8887102726PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 East 79 StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10075ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Kelcy Steele
Board Chair0.00Yes (X)Yes (X)$0$0$0
Kate Kelly
Treasurer0.00Yes (X)Yes (X)$0$0$0
Dave Martin
Secretary0.00Yes (X)Yes (X)$0$0$0
Sydney Perry
Member0.00Yes (X)$0$0$0
Jesse Phillips
Member0.00Yes (X)$0$0$0
Edward Joyner
NHPS Rep0.00Yes (X)$0$0$0
Angelina Cardoso
Teacher1.00$102,725$0$0Yes (X)
Charlene Joseph
Principle1.00$107,311$0$0Yes (X)
Adam C Rosenberg
Principle1.00$123,127$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$333,163TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Elevate Charter School
2666 State StreetHamdenCT06517Management$318,759
Charter School Business Management Inc
425 East 79th StreetNew YorkNY10075Accounting / Bookkeeping$131,469
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$6,197,555GovernmentGrantsAmt
All Other Contributions$726,441AllOtherContributionsAmt
Total Contributions$6,923,996TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Summer Program611710$114,412$114,412
After School Program611710$904$904
FieldValueIRS element (for citing)
Total Program Service Revenue$115,316TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,401TotalRevenueColumnAmt
Exclusion$26,401ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,065,713TotalRevenueColumnAmt
Related Or Exempt Func Income$115,316RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$26,401ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,331,414TotalAmt
Program Services$3,854,959ProgramServicesAmt
Management And General$433,141ManagementAndGeneralAmt
Fundraising$43,314FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$552,253TotalAmt
Program Services$491,505ProgramServicesAmt
Management And General$55,226ManagementAndGeneralAmt
Fundraising$5,522FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$271,339TotalAmt
Program Services$241,492ProgramServicesAmt
Management And General$27,134ManagementAndGeneralAmt
Fundraising$2,713FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$454,647TotalAmt
Program Services$78,260ProgramServicesAmt
Management And General$370,851ManagementAndGeneralAmt
Fundraising$5,536FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,645TotalAmt
Program Services$960ProgramServicesAmt
Management And General$4,629ManagementAndGeneralAmt
Fundraising$56FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$154,384TotalAmt
Program Services$26,245ProgramServicesAmt
Management And General$126,595ManagementAndGeneralAmt
Fundraising$1,544FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$38,755TotalAmt
Program Services$35,672ProgramServicesAmt
Management And General$2,803ManagementAndGeneralAmt
Fundraising$280FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$57,371TotalAmt
Program Services$49,492ProgramServicesAmt
Management And General$7,324ManagementAndGeneralAmt
Fundraising$555FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$507,859TotalAmt
Program Services$451,994ProgramServicesAmt
Management And General$50,787ManagementAndGeneralAmt
Fundraising$5,078FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$32,438TotalAmt
Program Services$31,946ProgramServicesAmt
Management And General$448ManagementAndGeneralAmt
Fundraising$44FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$108,713TotalAmt
Program Services$108,713ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$42,140TotalAmt
Management And General$42,140ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Repairs & Maint$409,196$364,184$40,920$4,092
Supplies$248,313$248,313
Utilities$124,370$110,690$12,437$1,243
Taxes - Property$85,552$76,141$8,556$855

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$141,844TotalAmt
Program Services$127,178ProgramServicesAmt
Management And General$13,332ManagementAndGeneralAmt
Fundraising$1,334FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,566,233TotalAmt
Program Services$6,297,744ProgramServicesAmt
Management And General$1,196,323ManagementAndGeneralAmt
Fundraising$72,166FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,768,677BOYAmt
EOY$1,363,290EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$926,051BOYAmt
EOY$960,994EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,021,176LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$586,238LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$253,777BOYAmt
EOY$434,938EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$670,973BOYAmt
EOY$73,958EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,619,478BOYAmt
EOY$2,833,180EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$591,758BOYAmt
EOY$886,296EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$10,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$640,013BOYAmt
EOY$49,697EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,231,771BOYAmt
EOY$945,993EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,387,707BOYAmt
EOY$1,887,187EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,387,707BOYAmt
EOY$1,887,187EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,619,478BOYAmt
EOY$2,833,180EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$500,520ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$368,280InvestmentCostOrOtherBasisAmt
Depreciation$129,216DepreciationAmt
Book Value$239,064BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$652,896InvestmentCostOrOtherBasisAmt
Depreciation$457,022DepreciationAmt
Book Value$195,874BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$434,938TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOperating Lease LiabilitiesDesc
Amt$49,697Amt
FieldValueIRS element (for citing)
Total Liability$49,697TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$7,065,713TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,065,713RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,065,713TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,566,233TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,566,233ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,566,233TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe Booker T. Washington Academy (BTWA) has partnered with Elevate Charter Schools to oversee the management of the school's operations. As part of this collaboration, the senior leadership team at Elevate Charter Schools convenes monthly meetings with the BTWA Finance Committee, comprising board members and finance professionals, to conduct a thorough review of the monthly financial reports and the 990 form before submission. The Board Treasurer plays a crucial role in this process by providing oversight and signing off on the 990 after a comprehensive review, ensuring transparency and accountability in financial matters. This collaborative effort between Elevate Charter Schools and BTWA demonstrates a commitment to sound financial management practices and upholding the highest standards of governance within the organization.
Form 990, Part VI, Section B, line 12cAnnually, the board members of the Booker T. Washington Academy diligently adhere to the school's bylaws by signing conflict of interest forms. This practice ensures transparency, integrity, and ethical conduct within the governance of the academy. By signing these forms, board members affirm their commitment to upholding the highest standards of accountability and avoiding any conflicts that may compromise the mission and values of the school. The annual signing of conflict of interest forms underscores the dedication of the board members to act in the best interests of Booker T. Washington Academy and the community it serves.
Form 990, Part VI, Section B, line 15The Booker T. Washington Academy follows a structured process for determining the compensation of its senior leadership positions, which includes a thorough review of comparability data from schools with similar demographics. This data-driven approach ensures that the compensation packages offered to senior leaders are competitive and aligned with industry standards. Additionally, factors such as the individual's experience and education level are taken into consideration during the compensation review process. By incorporating these key elements into the decision-making process, Booker T. Washington Academy strives to attract and retain top talent in its senior leadership positions while maintaining fairness and transparency in its compensation practices.
Form 990, Part VI, Section C, line 19Form 990 is avaliable on Guidestar.org for public inspection

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.